Graduate school is an opportunity to advance your education and further your career.

While post-pandemic applications are up, actual enrollments are down, so right now is as good a time as ever to send in your application.

One huge perk of graduate school is that your career earnings are likely to be higher than if you only had a bachelor's degree.

For 2022, the Bureau of Labor Statistics reported an annual median wage difference of $11,908 (or $229 weekly).

And that’s just the difference between a bachelor’s and a master’s – other professional or doctoral degrees can lead to even higher annual incomes.